ECONOMY
provided by The Japan News.
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Department store sales up 19% in April
TOKYO (Jiji Press) — Department store sales in Japan in April rose 19% from a year earlier on a same...
May 25, 2022 - ECONOMY
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1st batch of tourists arrives in Japan
The first batch of tourists arrived in Japan on Tuesday under a trial project launched by the Japan ...
May 25, 2022 - ECONOMY
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IPEF economic framework launched without tariff reductions
The U.S.-led Indo-Pacific Economic Framework (IPEF) was launched Monday, with the pact positioned as...
May 25, 2022 - ECONOMY
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Asian automakers compete for EV market in Southeast Asia
BANGKOK — In Southeast Asia, Chinese automakers and manufacturers funded by local capital are launch...
May 24, 2022 - ECONOMY
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Biden’s Asian economic talks include 13 countries, and no China
TOKYO (Reuters) — President Joe Biden launches his plan for U.S. economic engagement in Asia on Mond...
May 23, 2022 - ECONOMY
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Soaring prices of raw materials add heavier burden on consumers
Rising costs of raw materials have gradually driven up the prices of daily goods, giving consumers i...
May 22, 2022 - ECONOMY
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Gender wage gap disclosure to become mandatory in Japan
TOKYO (Jiji Press) — The Japanese government decided on Friday to oblige companies to disclose wage ...
May 21, 2022 - ECONOMY
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Keidanren: Pay hikes at major Japanese firms average 2.27%
TOKYO (Jiji Press) — Monthly wage hikes agreed so far between major Japanese companies and their uni...
May 21, 2022 - ECONOMY
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Major Japanese IT firms warming to NFTs
A number of leading IT firms in Japan have this year launched online marketplaces for trading digita...
May 21, 2022 - ECONOMY
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Global logistics under pressure from Russia’s invasion
Russia’s invasion of Ukraine has put much strain on logistics between Japan and other countries, as ...
May 19, 2022 - ECONOMY
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Electricity, gas firms see fuel costs surge by 54% in FY21
The fuel costs of major power and gas firms increased by 54% to approximately ¥5.79 trillion in fisc...
May 18, 2022 - ECONOMY
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GDP shrinks at 1.0% annualized rate in Jan.-March
TOKYO (Jiji Press) — Japan’s gross domestic product in January-March shrank 0.2 percent from the pre...
May 18, 2022 - ECONOMY
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Producer prices surge 10% in April in Japan
TOKYO (Jiji Press) — Producer prices in Japan climbed 10.0% from a year before in April, marking the...
May 17, 2022 - ECONOMY
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Japan’s current account surplus hits 7-year low in FY21
TOKYO(Jiji Press) — Japan’s current account surplus shrank to a seven-year low in fiscal 2021 as the...
May 12, 2022 - ECONOMY
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JGBs for individuals struggling amid COVID crisis
TOKYO (Jiji Press) — Issuances of government bonds tailored for individual investors, which were int...
May 11, 2022 - ECONOMY
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Sumitomo Mitsui ordered to report glitch
TOKYO (Jiji Press) — The Financial Services Agency has ordered Sumitomo Mitsui Banking Corp. and its...
May 11, 2022 - ECONOMY
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Top shipping firms log record profits
TOKYO (Jiji Press) — Japan’s three major shipping companies have reported record consolidated net pr...
May 11, 2022 - ECONOMY
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Japan to seek alternative sources for crude oil
The Yomiuri ShimbunPrime Minister Fumio Kishida answers questions Monday about the government’s deci...
May 11, 2022 - ECONOMY
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Rising costs, declining tourists force up sweet prices across Japan
A wave of soaring prices for flour and other materials worldwide is sweeping across Japan, forcing l...
May 10, 2022 - ECONOMY
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Real wages fall 0.2% in March
TOKYO (Jiji Press) — Japan’s inflation-adjusted real wage index in March dropped 0.2% from a year be...
May 9, 2022 - ECONOMY
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Digital currency experiment enters 2nd stage
TOKYO (Jiji Press) — The Bank of Japan’s experiment with a central bank digital currency (CBDC) has ...
May 9, 2022 - ECONOMY
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Japan employers shift stance on minimum wage hikes
In a change of stance, small and midsize firms have indicated a willingness to accept the government...
May 8, 2022 - ECONOMY
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Japan, Britain agree to promote open 5G communications networks
The Japanese and British governments have agreed to jointly promote competition in the global market...
May 1, 2022 - ECONOMY
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5 major power firms to raise household rates
TOKYO (Jiji Press) — Five of the nation’s 10 major electricity suppliers said Wednesday that they wi...
April 28, 2022 - ECONOMY
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Japan’s factory output growth provides some relief for fragile economy
TOKYO (Reuters) — Japanese factories saw output rise for the second straight month in March as stron...
April 28, 2022 - ECONOMY
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Department store sales see 4.6% rise
TOKYO (Jiji Press) — Sales at department stores in Japan in March rose 4.6% from a year earlier on a...
April 27, 2022 - ECONOMY
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Japan jobless rate hits lowest in almost 2 yrs, economic outlook still shaky
TOKYO (Reuters) - Japan’s jobless rate unexpectedly fell to 2.6% in March, hitting the lowest rate ...
April 26, 2022 - ECONOMY
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Japanese high-end bread boom hit by competition, Ukraine crisis
The high-end, loaf bread bakery shop boom in Japan seems to have reached a turning point. The number...
April 26, 2022 - ECONOMY
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Govt-set price of dental filling material to rise 8% amid supply concerns
The Health, Labor and Welfare Ministry has decided to raise the government-set price of palladium al...
April 25, 2022 - ECONOMY
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International flight bookings showing signs of recovery
TOKYO (Jiji Press) — Bookings for international flights during the Golden Week holiday period are sh...
April 23, 2022 - ECONOMY
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